NextGen Day

The present administration allocated around PHP2.39 billion for the National Greening Program of the Department of Environment and Natural Resources (DENR) this year due to the need to address the effects of climate change.

Amenah Pangandaman, secretary of the Department of Budget and Management (DBM), said in a statement on Wednesday that the fund will aid in the government’s efforts to “achieve a sustainable, green, and climate-resilient economy.”

The fund, according to Pangandaman, will support the DENR’s flagship project, which will guarantee “a massive forest rehabilitation initiative in pursuit of sustainable development for poverty alleviation, food security, biodiversity conservation, environmental stability, and climate change adaptation and mitigation.”

The 13,565 hectares of land covered by the greening scheme will need to be maintained and 7,249,642 seedlings will need to be planted.

We shall continue to be dedicated to achieving an inclusive and sustainable transition toward a greener economy, as ordered by President Ferdinand R. Marcos Jr. However, if we ignore our environment, we will not be able to achieve this goal. This is why we prioritize environmental spending while creating our national budget, she added.

This year, the current administration has set aside PHP464.5 billion to support initiatives that would assist combat climate change.

According to the DBM, this allocation is 60.1% larger than the PHP289.7 billion budget for 2022.

Kita naman po natin ngayon pa lamang, ramdam nating lahat ang epekto ng climate change, sa pagpasok ng El Nino. We can already feel the effects of climate change due to the impending El Nino. Therefore, paulit-ulit din pong panawagan ng DBM sa bawat ahensya na maglaan sa kanilang budget proposal ng mga provision para sa pagtugon sa climate change. Because of this, DBM keeps asking the various organizations to fund climate change in their budget requests, Pangandaman continued.

Save/Share this story with QR CODE

---

Disclaimer

This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.

📩 Need to get in touch?

📩 Feel free to Contact NextGenDay.com for comments, suggestions, reviews, or anything else.

---

We appreciate your reading. 😊Simple Ways To Say Thanks & Support Us:
1.) ❤️GIVE A TIP. Send a small donation thru Paypal😊❤️
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) 🛒 BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) 👍 Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).

---

AFFILIATE PARTNERS

World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.

---